What if you invested $1,000 in Developed Markets (EFA) in 2001? (Inflation-Adjusted)

EFA · Index · Adjusted to 2026 dollars using BLS CPI-U data

Using BLS CPI-U data, cumulative inflation from 2001 to 2026 totals 91%. Your $1,000 in Developed Markets (EFA) grew to $4,465 in raw dollar terms, but in real purchasing power terms that gain is equivalent to $2,338 in constant 2001 dollars. That reflects a +3.4% per year real annualized return after accounting for price changes over 25 years.

Nominal final value

$4,465

+346.5% total return

Real value (2001 dollars)

$2,338

+133.8% real total return

Real annualized return

+3.4%

vs. +6.1% nominal annualized

Cumulative CPI-U inflation since 2001: 91% (1 dollar in 2001 = $1.91 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Developed Markets (EFA) since 2001, values in constant 2001 dollars

Year	Nominal Value	Real Value (2001 $)
2001	$1,000	$1,000
2002	$902	$883
2003	$775	$742
2004	$1,148	$1,070
2005	$1,325	$1,193
2006	$1,619	$1,416
2007	$1,953	$1,656
2008	$1,951	$1,594
2009	$1,077	$885
2010	$1,505	$1,206
2011	$1,751	$1,348
2012	$1,585	$1,195
2013	$1,854	$1,369
2014	$2,058	$1,498
2015	$2,049	$1,491
2016	$1,905	$1,367
2017	$2,111	$1,481
2018	$2,685	$1,828
2019	$2,350	$1,562
2020	$2,613	$1,710
2021	$2,871	$1,789
2022	$3,107	$1,773
2023	$3,009	$1,654
2024	$3,253	$1,737
2025	$3,544	$1,855
2026	$4,666	$2,443

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2001 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.